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Money & Finance > Cvs Fines Reveal Disturbing Trend by Company
 

Cvs Fines Reveal Disturbing Trend by Company


https://weblogs.baltimoresun.com/business/consuminginterests/blog/cvs.jpg
CVS Settles 875,000 Lawsuit By New York For Selling Expired Products

The
corporate giant,   CVS Pharmacy,  Inc. has settled  yet another in a
long list of lawsuits for improper business practices.  

The
latest settlement for $875,000 to the state of New York was announced
yesterday by Attorney General Mario Cuomo.   The settlement concludes a
suit brought for CVS' practice of selling expired products and a breach
of a previous settlement with the state in which it had agreed to cease
such practices

“New
Yorkers should not have to worry that their neighborhood pharmacy is
selling outdated products to boost  its profits, " Cuomo stated.


The
suit was tthe result of an unndercover investigation of all pharmacies
in New York that concluded in 2008.   60% of the CVS stores in New York
State in 141 counties were selling expired products, some as old as two
years out-of-date. The products included baby formula, over-the-counter
medications, milk, and eggs. CVS  has approximately 432 stores in New
York.

CVS
has agree to pay the $875,000 settlement, plus any fines and
penalties,  to refrain from selling expired products,  to submit to
proper procedures for keeping expired products off shelves, to train
employees in proper  procedure for removing expired products from
shelves,  to post signs notifying  people to check expiration dates,
and to consult with the state of New York before making any changes to
this settlement.   The company must also reimburse customers for any
out-of-date products it sold them.

CVS
stores in New York will undergo internal compliance checks for expired
products. Any CVS store that fails compliance checks will pay a penalty
of $2,500 per store
(https://www.northcountrygazette.org/2009/11/10/cvs_settles).


CVS Pays 2.5 Million  For Throwing Medical Records In Dumpsters.

In March of 2009,  the company  paid 2.5  million for improper disposal of people's medical records.  

WTHR-TV
in Indianapolis did some dumpster dumping at CVS, Rite-Aid and Walgreen
pharmacies as part of its report.   What they discovered at CVS
locations across the country was a pattern of people's names,
addresses, prescription info, Social Security numbers and credit card
numbers being dumped in the garbage for anyone to see. 

The
WTHR ivestigation was initially prompted by news of a grandmother in
Bloomington, Indiana, who was robbed at her front door by a thief who
found her address in a CVS dumpster.

The $2.25 million
settlement followed a probe by two federal agencies and was spurred on
by interest in WTHR's report
(https://news.aapc.com/index.php/2009/04/cvs-fined-for-hipaa-privacy-lapses/)

Justice Department  fines CVS  36.7 Million For Dispensing Pricier  Drug

CVS  Fined $226,000 For Breaking Labor Laws (Changed  Employee Timecards  And Violated Child Labor Laws)



WOONSOCKET,
R.I., Dec. 12 (UPI) -- CVS Pharmacy Inc. was fined $226,598 after
inspectors found 43 of its stores in the U.S. Northeast changed
employee timecards and violated child labor laws.

The Woonsocket, R.I., chain agreed to pay $38,151 in back wages to 51
employees whose timecards managers had changed, the U.S. Labor
Department said.

The payments followed a Labor Department
investigation that revealed violations of the wage and youth employment
provisions of the federal Fair Labor Standards Act, the department said.

The
department investigated 63 company stores because it previously found
violations at some CVS pharmacies,  according to a Labor Department
spokesperson
(https://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3100203).

Read more: https://www.upi.com/NewsTrack/Business/2007/12/12/cvs_fi... /

CVS Fined For Deceptively Peddling Alternative ‘Medicine’



CVS has been fined $2.8 million for marketing a dietary supplement called AirShield . They made the claim that it could “prevent colds, fight germs, and
boost immune systems”, all without evidence. 
(https://forthesakeofscience.wordpress.c=om/2009/09/19/cvs-fined-for-deceptively-peddling-alternative-medicine/)

Google  CVS.com for information regarding violations prior to 2008.
Note: 
This is not an indictment of all CVS Pharmacies.  However, as a
journalist, I felt obligated to report on what reflects a disturbing
trend among many CVS locations.













posted on Nov 12, 2009 1:30 PM ()

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